Question
nitial cost beginning at time 0 = $15,000 Annual revenues beginning at time 1 = $20,000 Annual operating costs (not including depreciation) = $13,000 Annual
nitial cost beginning at time 0 = $15,000
Annual revenues beginning at time 1 = $20,000
Annual operating costs (not including depreciation) = $13,000
Annual depreciation = $3,000
Tax rate = 40%
Expected life of investment = 5 years
What is the NPV of this investment? Round answer to the ones place. Do not enter commas. Enter negative numbers with a negative sign. Enter positive numbers without a sign. $ Blank 2. Fill in the blank, read surrounding text.
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Financial Accounting
Authors: Patricia A. Libby, Daniel Short, George Kanaan, Maureen Libby Gowing, Robert Libby
4th Canadian Edition
0070001499, 9780070001497
